{"city":"Cupertino","name":"Etched","slug":"etched","facts":[{"date":"2026-08-19","type":"revenue_band","value":"pre-revenue","source":"The AI Insider"},{"date":"2026-08-19","type":"deployment","value":"Jane Street will operate its own inference rack","source":"The AI Insider"},{"date":"2026-08-19","type":"customer","value":"Jane Street","source":"The AI Insider"},{"date":"2026-08-18","type":"funding_round","value":"USD 700000000","source":"TechCrunch"},{"date":"2026-07-23","type":"partnership","value":"Sequoia, SK hynix, and Jane Street","source":"TechCrunch"},{"date":"2026-07-23","type":"funding_round","value":"USD 300000000","source":"TechCrunch"}],"peers":[],"stage":null,"state":"California","aliases":["Etched.ai","Sohu"],"country":"United States","domains":[{"why":"Etched develops specialized inference hardware, including a low-voltage prefill chip combined with cluster-scale memory. Its product is designed for serving AI models at inference time.","list":null,"rank":null,"tier":"watchlist","layer":null,"total":69,"domain":"AI Core","scores":{"gate_ne":["firepower"],"leverage":8,"position":4,"progress":10,"firepower":10,"commercial":4,"deployment":4,"production":6,"technology":8},"edition":null,"segment":null}],"founded":null,"signals":[{"date":"2026-10-07","header":"Etched has raised approximately $960 million in funding.","outlet":"Moonshots with Peter Diamandis"},{"date":"2026-10-05","header":"Etched is fielding investment offers at a valuation above $40 billion.","outlet":"TechCrunch"},{"date":"2026-09-29","header":"Zhang Chaoyang states AI thinking logic differs fundamentally from human brain, capable of providing answers but innovation requires human brain","outlet":"Yicai"},{"date":"2026-08-21","header":"Etched and Zipline were cited as examples of startups reaching multibillion-dollar valuations.","outlet":"Moonshots with Peter Diamandis"},{"date":"2026-08-21","header":"Etched reached a $21 billion valuation.","outlet":"Moonshots with Peter Diamandis"},{"date":"2026-08-21","header":"Etched reached a $21 billion valuation while pursuing etched AI model weights.","outlet":"Peter H. Diamandis"}],"website":"etched.com","category":"AI Infra · Chips & accelerators","categories":[{"name":"Inference-specialist chips","domain":"AI Core","parent":"AI Infra · Chips & accelerators"}],"last_round":null,"updated_at":"2026-10-25T23:17:49.578217+00:00","facts_total":12,"positioning":"Transformer-only inference ASIC startup (Sohu, TSMC) that has booked over $1B of customer contracts before volume shipment; the most aggressively valued of the inference-chip challengers.","sub_category":"Inference-specialist chips","signals_total":46,"url":"https://www.frontiertechintelligence.com/companies/etched","title":"Etched · ai core, Cupertino, California, United States · scores, facts and signals · Frontier Tech Intelligence","description":"Etched develops specialized inference hardware, including a low-voltage prefill chip combined with cluster-scale memory. Its product is designed for serving AI models at inference time. AI Core watchlist (score 69) 46 signals and 12 facts with sources.","publisher":"Frontier Tech Intelligence (Future Frontiers, a trade name of Essential Cognition Inc.)","note":"Assessment by Frontier Tech Intelligence; facts and signals carry their sources."}